Telemetry Systems Limited

Telemetry Systems Limited, based in Farnham, UK, is a small, active company established nineteen years ago. Employing a single individual, it holds £596,575 in assets and operates from a real address in Crondall. With three directors and one owner, the company regularly imports electrical machinery and equipment, with four months of import activity recorded as of January 2024. The company's website is non-existent, which is a little odd.

Telemetry Systems Limited operates within the telecommunications industry, specifically focusing on "other telecommunications activities." It’s a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s website, while absent, suggests a focus on telecommunications services, but lacks specifics.

Financially, Telemetry Systems Limited presents a mixed picture. Current assets increased by 21%, reaching £600,000, while net assets also rose by 20%, hitting £650,000. However, cash reserves have vanished completely, dropping 100% to zero—a significant shift. Trade debtors have surged dramatically, increasing by 410% to £600,000, which could indicate increased sales but also potential difficulties in collecting payments. Creditors have also increased, rising 2000% to £59,000, suggesting a reliance on short-term financing. Bank borrowings have increased by 34%, reaching -£140,000. The company’s lack of employees (just one reported) points to a lean operation, and the absence of an auditor (likely exempt as a small company) means the figures are unaudited.

In short, Telemetry Systems Limited seems to be experiencing growth in sales, but at the cost of its cash reserves. The surge in debtors could be a temporary blip, or it could signal challenges in managing customer payments. The company’s small size allows for agility, but the financial pressures warrant close monitoring.

Registered in England/Wales under the registration number 05765038, with a registered address at GU10 5RP, Farnham, Surrey, 17 Mill Lane, Crondall.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.